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I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.Numbers:Purchase Price with closing cost: $55,290.25Rehab Co...
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I have spent so much time researching and I am so anxious to make an offer and close on my first MFU. I am just having trouble finding the right location. My goal is to buy a MFU (2-4) doors and have it cash flow from...
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I happened to run across a message from someone looking to sell a near 50 unit apartment complex in my town off mls. We spoke briefly on the phone and he said that he would prefer to meet in person, so we scheduled to...
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What would you choose - a 20% cash on cash return in a decent neighborhood or 35% cash on cash return in not the best neighborhood? Everything else being equal.
If you could also explain why you would choose one over...
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I wanted to post the story of a rental house that we purchased a few months ago and just got done with a cash out refinance. The numbers are great and I think they will give some of you the motivation needed to pull ...
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Let me get this out of the way first, I have never considered purchasing a multifamily. I own one single family that I have been renting out for 4 years, and just closed on my second property 2 weeks ago. Multifamil...
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Hello everyone,A young person could join the military right out of high school and save up $50,000 during a four-year hitch.Assuming that young person did a lot of self-study on real estate during his or her military ...
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Hi
I am considering loaning money in a situation where I would be getting 35-40% of the profit and also a preferred interest rate on my money. This would more so be a partner situation so not lending to stri...
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Hi all, I just want to get some feedback on why my Cleveland Heights, OH flip is not selling. Inside is completely renovated from top to bottom. Newer furnace, windows, and roof (all less than 5 yrs old). New Central ...